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Shimmick Corporation provides water and other critical infrastructure solutions in the United States. The company undertakes water and wastewater treatment infrastructure; water storage and conveyance, dam, levee, flood control system, pump station, and coastal protection infrastructure; and mass transit, bridge, and military infrastructure projects. It serves federal, state, and local governments. The company was formerly known as SCCI National Holdings, Inc. and changed its name to Shimmick Corporation in September 2023. Shimmick Corporation was founded in 1990 and is headquartered in Irvine, California. Shimmick Corporation operates as a subsidiary of GOHO, LLC.

Shimmick Dividend Announcement

• Shimmick does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Shimmick dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Shimmick Dividend History

Shimmick Dividend Yield

Shimmick current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shimmick stock? Use our calculator to estimate your expected dividend yield:

Shimmick Financial Ratios

P/E ratio-0.95
PEG ratio-0.01
P/B ratio47.19
ROE-149.66%
Payout ratio0.00%
Current ratio0.79
Quick ratio0.79
Cash Ratio0.09

Shimmick Dividend FAQ

Does Shimmick stock pay dividends?
Shimmick does not currently pay dividends to its shareholders.
Has Shimmick ever paid a dividend?
No, Shimmick has no a history of paying dividends to its shareholders. Shimmick is not known for its dividend payments.
Why doesn't Shimmick pay dividends?
There are several potential reasons why Shimmick would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Shimmick ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Shimmick has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Shimmick a dividend aristocrat?
Shimmick is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Shimmick a dividend king?
Shimmick is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Shimmick a dividend stock?
No, Shimmick is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Shimmick stocks?
To buy Shimmick you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Shimmick stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.